Valuation: Hwa Fong Rubber (Thailand)

Market Cap 2.69B 80.72M 70.09M 65.35M 60.03M 114M 7.68B 115M 770M 301M 3.84B 303M 296M 12.72B P/E 2024
7.37x
P/E 2025 13.7x
Enterprise Value 1.25B 37.59M 32.64M 30.44M 27.96M 52.88M 3.58B 53.46M 359M 140M 1.79B 141M 138M 5.92B EV / Sales 2024
0.55x
EV / Sales 2025 0.49x
Free-Float
22.32%
Yield 2024
6.7%
Yield 2025 6.46%
05-08 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
03-18 Hwa Fong Rubber Public Company Limited Announces Retirement of Lin, Wen Cheng as Director, Effective from April 27, 2026 CI
02-28 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
02-26 Hwa Fong Rubber Public Company Limited Announces an Interim Cash Dividend to Common Shareholders , Payable on March 26, 2026 CI
11-05 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
02/08/25 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
02/05/25 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
30/04/25 Hwa Fong Rubber Public Company Limited Approves No Dividend Payment for the Second Half of Year 2024 CI
27/02/25 Hwa Fong Rubber Public Company Limited Proposes Omit Dividend Payment for the Operating Period from 1 January 2024 to 31 December 2024 CI
27/02/25 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2024 CI
06/11/24 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 CI
07/08/24 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024 CI
07/08/24 Hwa Fong Rubber Public Company Limited Approves Interim Cash Dividend for Operating Period from January 1, 2024 to June 30, 2024, Payable on September 6, 2024 CI
Manager TitleAgeSince
Chief Executive Officer 76 22/06/2018
Director of Finance/CFO 61 01/01/2005
Corporate Secretary - -
Director TitleAgeSince
Director/Board Member 85 11/08/2012
Chairman 76 22/06/2018
Director/Board Member 49 21/04/2017
Change 5-day change 1-year change 3-year change Capi.($)
-.--%-.--% - - 79.95M
-0.82%+0.62%+24.60%+34.44% 31.19B
-0.40%+0.46%+12.18%+19.46% 27.1B
+0.26%-2.48%+66.20%+139.37% 7.38B
-2.64%+0.07%+5.24%+20.58% 6.54B
-1.57%+2.51%+10.20% - 6.51B
+1.06%+9.62%-4.04%+30.73% 4.29B
-0.10%-0.84%+25.85%+122.08% 4.05B
-0.34%-2.52%+25.19%+54.67% 3.67B
-1.24%+0.53%+97.40%+79.66% 2.44B
Average -0.59%+0.40%+29.20%+62.63% 10.35B
Weighted average by Cap. -0.67%+0.31%+22.58%+43.68%

Financials

2024 2025
Net sales 3.02B 90.88M 78.91M 73.57M 67.59M 128M 8.64B 129M 867M 339M 4.32B 341M 334M 14.32B 2.69B 80.85M 70.2M 65.45M 60.13M 114M 7.69B 115M 772M 302M 3.84B 304M 297M 12.74B
Net income 373M 11.22M 9.74M 9.08M 8.34M 15.78M 1.07B 15.95M 107M 41.85M 533M 42.12M 41.2M 1.77B 201M 6.03M 5.23M 4.88M 4.48M 8.48M 573M 8.57M 57.53M 22.49M 287M 22.64M 22.14M 950M
Net Debt -1.1B -32.97M -28.63M -26.7M -24.52M -46.38M -3.14B -46.89M -315M -123M -1.57B -124M -121M -5.2B -1.44B -43.13M -37.45M -34.91M -32.07M -60.66M -4.1B -61.32M -412M -161M -2.05B -162M -158M -6.79B
Logo Hwa Fong Rubber (Thailand)
Hwa Fong Rubber (Thailand) Public Company Limited is a Thailand-based company, which is engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles and small logistics vehicles. The Company’s product range includes motorcycle, bicycle, ATV, agriculture and industrial, golf car, and accessories. Its motorcycle products include sport tire, scooter tire, vintage tire, big bike tire, motocross tire and tube. Its bicycle products include mountain bike, road racing bike, city and touring bike, BMX, free style bike, electric bike, and tube. The Company’s segments include Sales of goods and services, and Investing. Its subsidiaries include HFT Holding Co., Ltd. and PT. Hwa Fong Rubber Indonesia. HFT Holding Co., Ltd. is engaged in the investment in bonds and securities, and wholesale and retail trading of tires and tubes and equipment. PT. Hwa Fong Rubber Indonesia is involved in the manufacturing and distribution of tires and tubes for bicycles and motorcycles.
Employees
1,555